Reselling

Seller Amp Sourcing Guide

September 8, 2023 By Alex Hyun 5 Comments

This will be the most comprehensive guide on the Internet regarding Seller Amp sourcing for retail arbitrage.

This method will also work for online arbitrage and wholesale.

That being said, my primary sourcing method is retail arbitrage due to the high ROI potential and to capitalize on the ongoing retail apocalypse.

I do some online arbitrage occasionally in order to capitalize on insane deals, but it is not a staple of my business model.

You can generate over 6 figures of profit sourcing exclusively via retail arbitrage and that is where I recommend most beginner Amazon sellers to begin.

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How I Use Debt To Get Richer (AMZ Credit Card Guide)

August 15, 2023 By Alex Hyun 4 Comments

WARNING: Before you read this you must read “The Dangers Of Overleveraging“. Keep in mind that this credit card guide was written from the point of view of someone with $0 and 0 credit trying to grow as fast as possible. While I succeeded, it might not work for you. Instead of deleting this post, I decided to keep it up as documentation of what I did to get to where I am. It’s a true story. This is not financial advice. I am not liable for reckless debt accumulation or your business failures. Credit Card Guide Part II coming soon on MKAMZ.

Here are my updated thoughts to keep in mind [9/29/2024]: High interest debt works during a period of rapid inflation which is when I wrote this blog post. You want to make sure you don’t take on interest rates higher than the rate of inflation if you want to make money. In fact, I highly advise you don’t pay interest at all.

Don’t be a retard who refuses to use debt to get rich and buy inventory, but then goes out and uses consumer debt to buy a car you can’t afford to flex on people online. That’s laughable.

Do I still use debt? Every single day.

Do I pay interest? Zero.

Do I still use Amazon Lending? No.

Do I still use personal credit for business purchases? No.

Is everything in this blog post true? Yes.

Do I save money? No, but I stack massive quantities for future opportunities.

Do I max out my cards? No, I only use business charge cards without credit limits now. My utilization is about 3-6% on my personal cards at all times.

Do I care about my credit score? Not really, but my credit is perfect now and I have all the cards I want.

My plan unfolded exactly as I expected, but it might not play out the same way for you.

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This will likely be a highly controversial post because I will teaching you how to utilize debt to get richer.

Most people use debt to get poorer.

Even more people believe debt is terrible and the way to get rich is to get out of debt.

They believe every word Dave Ramsey says, cut up their credit cards, eat canned beans and live far beneath their means.

The same people who believe debt is bad are the people who believe that saving money is good.

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Why You Shouldn’t Chase Quick Money

August 15, 2023 By Alex Hyun Leave a Comment

It’s been a highly profitable weekend.

All I’ve been doing is the exact same thing that I was doing last year.

Scanning thousands of product barcodes, buying profitable inventory and sending it off to AMZ.

When I started off, my supplier was Goodwill and I bought tons of used books to resell.

Each book represented an opportunity for profit, with minimal risk. Even if I lost the money I did not care. I spent all my money on books.

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The No Bullshit Guide To Going From Zero Dollars In The Bank To 6 Figures On Amazon

July 30, 2023 By Alex Hyun 6 Comments

Everyone wants to know if it’s possible to go from having $0 in the bank to making over 6 figures in sales on Amazon.

Not only is it possible, but you can do it in a year or less.

I know this because that is exactly what I did.

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How I Went From Having $0.63 To My Name To Selling $300K On Amazon In My First Year

July 25, 2023 By Alex Hyun Leave a Comment

I dropped out of business school in 2016 and don’t even have a college degree.

I failed at multiple businesses and even had to work at Target to get out of debt after failing at Shopify dropshipping.

After dropping out of college I was so broke that I couldn’t even afford a $3 Cheesesteak from the mall.

I remember having 63 cents to my name and wondering if I made the wrong decision.

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How To Guarantee Sales On Amazon

June 26, 2023 By Alex Hyun 1 Comment

I get asked this one question all the time by people who are interested in selling on Amazon.

It’s a completely understandable question that even I wanted to know the answer to before I began my store.

If you are selling products on Amazon, how do you actually make sales?

How do you ensure that people choose to buy from you over the countless other sellers that are also on the platform?

How can you compete against a giant such as Amazon itself?

The answer is quite simple.

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Milestone: $250K In Sales In My First 12 Months Selling On Amazon

May 30, 2023 By Alex Hyun Leave a Comment

I finally hit a quarter mil in sales on Amazon since I began selling exactly one year ago.

These results were achieved with zero advertisements and through sheer determination and will.

365 days ago I was completely broke. I didn’t have any start up capital or even any credit card purchasing power.

I began delivering food for UberEats and DoorDash, taking all the money I made and buying profitable used/new books I scanned at Goodwill, Salvation Army and Dollar Tree.

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10 Steps To Reselling Success

May 6, 2023 By Alex Hyun 2 Comments

People are always asking me to explain the technical details of selling on Amazon.

I’ve made plenty of content showing how to list and prep items for Amazon, and if you were really serious about doing it, there are thousands of videos on YouTube detailing every single step that you could watch.

But most of you won’t do it.

Most of you won’t take a single step towards your goals.

This blog is not an Amazon FBA blog.

This blog is a get rich blog.

My goal isn’t to become the next retail arbitrage YouTuber and to create how-to content regarding every Amazon FBA subject.

There are thousands of other YouTubers who provide such information for free.

My mission is to become as rich as possible and help you do the same.

Whether we do it through reselling, real estate or cryptocurrency does not matter to me.

Follow what I do and we will join the 1% of humanity together.

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How To Get Rich During The Retail Apocalypse

April 27, 2023 By Alex Hyun Leave a Comment

I’ve always dreamt of opening my own store when I was young.

Back in the day, it was very difficult for the average Joe to enter the retail space and compete with giants such as Walmart, Kmart and Target who dominated the space.

There was no Amazon, no Shopify and no eBay.

I always felt that if I had my own store, there was no way that I couldn’t become a millionaire.

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